This news is circulating around this morning. A couple articles below.
Clarus to Acquire Black Diamond Equipment and Gregory Mountain Products
Black Diamond and Gregory Mountain Acquired by Publicly-Traded Clarus Corp
by Kurt Wedberg » Mon May 10, 2010 4:04 pm
by mtngeek » Mon May 10, 2010 7:34 pm
by Dow Williams » Mon May 10, 2010 7:37 pm
by Dave Dinnell » Mon May 10, 2010 7:38 pm
mtngeek wrote:Letter from Peter Metcalf about Black Diamond 2.0
I would have believed the value of the name and reputation would make BD worth more than $90M
by welle » Mon May 10, 2010 11:00 pm
by Dow Williams » Tue May 11, 2010 12:13 am
The Chief wrote:$10 says you'll be seeing BD gear in Wal/K-Mart by the middle of the summer!
by Alpinisto » Tue May 11, 2010 1:23 am
welle wrote:Don't know, sounds like it was some sort of reverse merger into an empty shell company. Clarus had no operations, and the only value was they're publicly listed. Just the way BD to go public without an IPO - sounds like early investors needed a way to cash in...
by The Chief » Tue May 11, 2010 1:36 am
Dow Williams wrote:The Chief wrote:$10 says you'll be seeing BD gear in Wal/K-Mart by the middle of the summer!
agreed...except is Kmart still in operation Rick? sry, I wouldn't know if they were, but have not heard or seen hide nor hair of them for ages.
by Dow Williams » Tue May 11, 2010 1:41 am
The Chief wrote:Dow Williams wrote:The Chief wrote:$10 says you'll be seeing BD gear in Wal/K-Mart by the middle of the summer!
agreed...except is Kmart still in operation Rick? sry, I wouldn't know if they were, but have not heard or seen hide nor hair of them for ages.
That is our main source of general goodies here in Bishop, CA!
That is the primary reason why my Wife and I dress up once a week and head on down into "Town"!
by adventurer » Tue May 11, 2010 1:53 am
by kayakerSS » Tue May 11, 2010 6:57 pm
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